1. As a day trading strategy one can short at higher levels in ONGC. ONGC has support at Rs 612 and faces resistance at Rs 735.
2. One can exit is steel stocks which are seeing trading rallies now and endeavour should be to book profit in rally as this sector will remain subdued in India till Sep 2009.
3. Reliance Industries faces resistance at Rs 1,180-1,200 and stock enjoys support at Rs 1,030-1,035.
10 Dec 2008
Intraday Trading strategy ONGC, Tata Steel, Reliance: 10 Dec
Intraday Trading strategy ONGC, Tata Steel, Reliance: 10 Dec
2008-12-10T10:31:00+05:30
Analyst
day trading tips for Indian investors|
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